What are the potential issues with this property?

A short sale is defined as a type of real estate sale where money received from selling the property will be insufficient – ie, fall short – to completely pay ... Feb 5, 2025 ... The short sale process is a settlement alternative to foreclosure. A homeowner faced with losing their property may sell the home for less than the outstanding ... Mar 25, 2025 ... A short sale is when a mortgage lender allows a homeowner to sell their home for less than what they owe on the mortgage. · You won't profit from ... May 21, 2024 ... A short sale occurs when a homeowner in dire financial trouble sells their home for less than they owe on the mortgage. The lender collects the ... Apr 1, 2022 ... When a homeowner does a short sale they are asking the mortgage lender to settle their debt for less than they owe so that they can sell and ... Mar 26, 2024 ... How Does Short Sale Work? · The homeowner cannot make mortgage payments on the home. · The homeowner contacts their mortgage company to explain ... Apr 23, 2025 ... A short sale is when a homeowner experiencing financial hardship opts to sell their property, with lender approval, for less than the amount ... What is a short sale in real estate? A short sale is when an individual sells their property for less than is owed on a mortgage. This is usually an ... A short sale can be a viable alternative to a foreclosure for debtors with nonrecourse debt and who qualify for certain exclusions. Be aware, however, that the ... Short sale properties are sold 'as is', which means the sellers won't do any improvements or act upon any issues found during a home inspection.